California Attorney General Rob Bonta warned residents Monday to be on the lookout for several different types of fraud and scams related to cryptocurrency that have been reported recently.

The advisory came as part of an ongoing effort by the Attorney General’s Office to keep the public informed about risks associated with cryptocurrency.

Americans lost about $11.4 billion to cryptocurrency-related scams in 2025, according to the FBI’s Internet Crime Center.

Bonta’s advisory came days after a settlement was announced between the Attorney General’s Office and Fidelity Digital Asset Services that resolved complaints that the company was restricting customers from withdrawing funds when they wanted to. A similar…